Europe Ion Chromatography Mass Spectrometry Market – Industry Trends and Forecast to 2030

Europe Ion Chromatography Mass Spectrometry Market, By Type (Systems, Software), Platform (Hybrid Mass Spectrometry, Single Mass Spectrometry, Other Platforms), Mode of Operation {(Single Ion Monitoring (SIM), Selected Reaction Monitoring (SRM), High Resolution Accurate Mass (HRAM)}, Work Flow (Electrospray Ionization (ESI), Atmospheric Pressure Chemical Ionization (APCI), Others), End User (Biotechnology Companies, Pharmaceutical Companies, Food and Beverage Companies, Contract Research Organizations, Diagnostic Centers, Forensic Laboratories, Hospitals, Academic and Research Institutes,  Others), Distribution Channel (Direct Tender, Retail Sales – Industry Trends and Forecast to 2030.

 Europe Ion Chromatography Mass Spectrometry Market Analysis and Sizet

The increasing advancement of mass spectrometry in recent years will accelerate market growth. Stringent government regulations in food and drug development for consumer safety, as well as method validation, necessitate the adaptation and use of mass spectrometry. Ion chromatography mass spectrometry has a wide range of applications in the food, pharmaceutical, and biotechnology industries. It aids in process validation and clinical testing of protein identification and quantitative drug analysis, pharmacokinetics, proteomics, biomarker discovery, food nutritional composition testing, and environmental testing, among others. The widespread use and demand for mass spectrometry in drug discovery has fuelled market growth.

Data Bridge Market Research analyses that the Ion chromatography mass spectrometry market which was USD 687.76 million in 2022, is expected to reach USD 1311.21 million by 2030, at a CAGR of 8.4% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Europe Ion Chromatography Mass Spectrometry Market Scope and Segmentation  

Market Definition

Ion chromatography-mass spectrometry for ions (IIC-MS) is a type of chromatography that has been used for many years to separate tiny ions in forensic and environmental applications. Its main principle of operation is the interaction of charged analytes with an oppositely charged ion interaction reagent (IIR) ion carrying a hydrophobic moiety, also known as ion-pair chromatography. Ion chromatography mass spectrometry has numerous applications in the food, pharmaceutical, and biotechnology industries, including process validation and clinical testing of protein identification and quantitative drug analysis, pharmacokinetics, proteomics, biomarker discovery, food nutritional composition testing, environmental testing, and others.

Europe Ion Chromatography Mass Spectrometry Market Dynamics

Drivers

• Rising usage of Ion chromatography mass spectrometry

According to a study published in March 2021 titled 'Non-aqueous Ion-Exchange Chromatography Using High Acid-Base Concentration: A Strategy for Purifying Non-crystalline Pharmaceutical Intermediates,' ion-exchange chromatography (IEX) is used in non-aqueous mobile phases to purify a non-crystalline intermediate after a reductive amination with D-xylose, strength and purity of the intermediate allowing successful downstream processing. The importance of ion chromatography in pharmaceutical production is expected to drive market growth, because of the high adoption of this process in the pharmaceutical industry.

• Rising funding for R&D

According to the Congressional Budget Office, in April 2021, the National Institute of Health received USD 700 billion in federal funding over the last two decades (NIH). A significant portion of this funding has gone toward fundamental research in genomics, molecular biology, and other life sciences that has led to the discovery of new disease pathways. The NIH's funding has increased year after year, reaching USD 41 billion in 2020. Rising funding for R&D in fundamental research will therefore drive the adoption of ion chromatography in R&D, driving market growth.

Opportunities

• Increasing advancements of mass spectrometry

The increasing advancement of mass spectrometry in recent years will accelerate market growth. Stringent government regulations in food and drug development for consumer safety, as well as method validation, necessitate the adaptation and use of mass spectrometry. For instance, in May 2019, the FDA published a report describing a method for detecting six nitrosamine impurities present in ARB drugs. The high-mass accuracy (HRAM) mass spectrometer, also known as a high-resolution spectrometer, is the best technique for detecting the accurate value of m/z in deprotonated and protonated impurity ions. These FDA-described methods or techniques are driving market demand for high-mass accuracy (HRAM) mass spectrometers. Such legislation encourages the use of mass spectrometry in a variety of industries, fuelling market growth in the forecast period.

Restraints/Challenges

• Scarcity of skilled professionals

The scarcity of skilled professionals capable of operating ion chromatography equipment will also impede and restrain market growth during the forecast period. Mass spectrometry's main drawbacks are that it is expensive, requires a qualified technician and is not a portable technology.

This Ion chromatography mass spectrometry market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Ion chromatography mass spectrometry market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In 2019, Waters Corporation introduced new mass spectrometry systems for challenging analytical needs. Cyclic IMS and SYNAPT XS are two new mass spectrometry systems released to the market. This company improved its customer offering while also strengthening their product portfolio.
• In 2019, Thermo Fisher Scientific Inc. achieved a new ion chromatography tandem known as mass spectrometry (IC-MS/MS) analytical workflow. The workflow is intended to help food testing laboratories overcome the challenges of liquid chromatography tandem analysis using mass spectrometry (LC-MS/MS). Through this company, they improved their solutions for customers in the food industry.
• In 2022, Bio-Rad introduced EconoFit Chromatography Column packs, which include mixed-mode, cation, and anion exchange resin columns and a pack designed for polyhistidine protein purification.
• In 2022, Thermofisher launched quat pesticide determination and quantitation workflows to protect the food supply. It allows scientists to easily and precisely identify and quantify cationic pesticides.

Europe Ion Chromatography Mass Spectrometry Market Scope

The Ion chromatography mass spectrometry market is segmented on the basis of type, platform, mode of operation, work flow, end-user and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Systems
• Software

Platform

• Hybrid Mass Spectrometry
• Single Mass Spectrometry
• Other Platforms

 Mode of Operation

• Single Ion Monitoring (SIM)
• Selected Reaction Monitoring (SRM)
• High Resolution Accurate Mass (HRAM)

 Work Flow

• Electrospray Ionization (ESI)
• Atmospheric Pressure Chemical Ionization (APCI)
• Others

 End User

• Biotechnology Companies
• Pharmaceutical Companies
• Food and Beverage Companies
• Contract Research Organizations
• Diagnostic Centers
• Forensic Laboratories
• Hospitals
• Academic and Research Institutes
• Others

Distribution Channel

• Direct Tender
• Retail Sales

Ion Chromatography Mass Spectrometry Market Regional Analysis/Insights

The Ion chromatography mass spectrometry market is analyzed and market size insights and trends are provided by country, type, platform, mode of operation, work flow, end-user and application as referenced above.

The countries covered in the Ion chromatography mass spectrometry market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe

Japan is expected to dominate the ion chromatography mass spectrometry market because of the vendors' growing business expansions to increase their geographical presence in European countries, which are expected to lead the utilisation of mass spectrometry in analytical procedures at a significant growth rate during the forecast period.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The Ion chromatography mass spectrometry market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Ion chromatography mass spectrometry market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the Ion chromatography mass spectrometry market. The data is available for historic period 2011-2021.

Competitive Landscape and Ion Chromatography Mass Spectrometry Market Share Analysis

The Ion chromatography mass spectrometry market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to Ion chromatography mass spectrometry market.

Some of the major players operating in the Ion chromatography mass spectrometry market are:

• Axel Semrau GmbH & Co. KG (Germany)
• Bruker (U.S.)
• Cecil Instrumentation Services Ltd. (U.K.)
• General Electric (U.S.)
• Hitachi High-Tech America, Inc. (Japan)
• JASCO Corporation (Japan)
• KNAUER Wissenschaftliche Geräte GmbH (Germany)
• SEDERE (France)
• Sykam GmbH (Germany)
• Waters Corporation. (U.S.)
• Agilent Technologies, Inc. (U.S.)
• Scion Instruments (Netherlands)
• Gilson Incorporated. (U.S.)
• PerkinElmer Inc. (U.S.)
• Bio-Rad Laboratories, Inc. (U.S.)
• Restek Corporation. (U.S.)
• Thermo Fisher Scientific Inc. (U.S.)